December Newsletter: Support Charities Now to Reduce Your 2006 Tax Bill
Your gifts to charity are an expression of your generosity and commitment to solving the problems that threaten our society. Even if your intentions are 100% altruistic, Uncle Sam rewards your charitable endeavors by making these gifts tax-deductible. But time is running out for you to take action to reduce your 2006 tax bill. You have until December 31st to make your charitable donations. In this newsletter, along with links to updated charities and Trent Stamp's recent blog entries, we offer tips to help you give generously and wisely before the end of the year.
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Since we launched our free service in 2002, we've celebrated the work of excellent charities and provided millions of charitable givers across America with the tools they need to make intelligent giving decisions. Today we thank you for sharing our commitment to responsible and informed giving and we ask you to consider making a financial contribution to Charity Navigator. Your fully tax-deductible support will help us continue to provide the unbiased data that you, donors across the country, and America's efficient charities have come to trust.
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Hot Topic: Support the Troops
We know many Americans intend on supporting the troops at this time of year. So we've compiled a list of the highest and lowest rated charities that offer services to the military, their families, wounded soldiers and veterans.
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Charity Navigator's Holiday Giving Guide is full of information to help you give with confidence this holiday season.
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If you haven't already taken our 7-question survey, we would really appreciate you taking a few minutes to complete the survey today. We guarantee that your responses will remain entirely anonymous and confidential.
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· Pittsburgh Tribune-Review, "Tis the season for giving"
· Chronicle of Philanthropy, "10 Nonprofit Blogs That Get Attention"
· USA Today, "Imagine a world of givers"
· Star-Ledger, "N.J. charities put their faith and hope in stock market"
· The Daily Free Press, "Brands capitalize on consumers' holiday goodwill"
· San Francisco Business Times, "Some charities don't make grade in online scores"
· MarketWatch, "Getting the most from your charity dollar"
· MarketWatch, "Giving wisely this holiday"
· MarketWatch, "A huge relief"
· The Chronicle of Philanthropy, "Pulling Back the Reins"
FAQ: Is it better to give to many charities or just a few?
Unlike your investment portfolio, diversification isn't a good strategy when giving to charity. We suggest that you take the time to find a few well-run charities that match your interests and make a commitment to support those charities over time. By concentrating your giving among a few outstanding charities, your donations will do more good than if you contributed small gifts to a wide array of charities. Once you take the time to identify your favorite charities, Charity Navigator's free tools for registered users can help you keep track of them.
Visit our site for more Frequently Asked Questions.
If you have a blog, or website, and you would like to promote charitable giving, then consider linking to Charity Navigator or adding our daily list of featured charities. If you have a podcast, then why not add one of our PSAs to your next recording?
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